The Stock is in Recovery Phase. The Recovery Phase occurs after the market has bottomed and is showing weak signs of recovery. The prices may have temporarily stopped falling.

The stock has recovered 21.4% from its recent low price of 9.15 which occurred on 29-Apr-2014. The current price is above the 50 day moving average of 10.43. Sustained move above the average could signal development of an uptrend.

The closest support can be found at 10.47. The closest resistance can be found at 11.4. See Support/Resistance below for details.

How to trade Callidus Software Inc(CALD)?

Breakout Trade: A close below the support level of 10.47 could trigger a sell signal. Confirmation would occur when the high of the day would be below 10.47.

Risk Management: Consider risking somewhere between 0.6345(5.71%) and 1.0575(9.52%) points on your position. Risk management is an important part of trading. Our risk management strategy is based on the average daily range of the stock.

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This indicator compares long term trend with short term price action to explain the current phase of the market. According to the indicator, the stock of Callidus Software Inc is in the Recovery Phase. The market for CALD may have bottomed and is now showing weak signs of recovery. The prices may have temporarily stopped falling.

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Short Term Trend:

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The short term trend indicator only looks at 10 to 20 day timeframe to determine the current trend. Callidus Software Inc(CALD) is currently congested with slight uptrend.

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3 Day Money Flow:

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The money flowing for last 3 days in CALD has been extremely bullish. This indicator summarizes the price and volume activity over last 3 days. It is a very short term indicator.

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